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Flor De Cielo Group
In this Group: Luiza , Yola , Nely Armenda, Corina , Glotilde , Marina , Francisca, Maria Lourdes
The Communal Bank “FLOR DE CIELO” (Flower of Heaven) will start its fourth cycle with Pro Mujer as part of the Senkata Community Centre. The group is comprised of eight members and it is lead by a Board of Directors where Luiza is the President. The businesses carried out by the members of the Communal Bank vary in the sales of: fruits and vegetables, clothing, shoes and potatoes.

The loan taken will benefit small micro entrepreneurs where Luiza is a member. She points out that she has been a member of Pro Mujer for two years, joining by invitation from a friend who is a member of the institution. At the present time she has a business selling fruits. She undertook this business with her parents' advice, who also have the same business.

The loan that she is now requesting is to increase capital (purchase of fruits) that she will buy from wholesalers in the city of La Paz, and later sell it in her retail space. This type of work allows her to generate income to support her family. Luiza is married and has six children.

When asked what she likes about Pro Mujer, she said that she likes the health and finance training.
View original language description ↓
La A.C. “FLOR DE CIELO” iniciará el cuarto ciclo en Pro Mujer, como parte del Centro Focal de Senkata, está compuesta por ocho integrantes y está dirigida por una mesa directiva donde la señora Luiza es la Presidenta. Los negocios que las integrantes de la asociación comunal llevan adelante son variados entre ellos existen: venta de fruta y verduras, venta de ropa, tienda de comida, venta de zapatos, venta de papa.

El crédito que sacaran beneficiara a pequeñas microempresarias donde la señora Luiza es integrante, ella indica que hace dos años que integra Pro Mujer, ingresando por la invitación de una amiga que es socia de la institución. En la actualidad ella tiene un negocio de venta de fruta; da a conocer que este negocio lo emprendió por concejos de sus padres, que realizaban el mismo negocio.

El crédito que ahora sacará es para el aumento de capital (compra de fruta) que adquirirá de las vendedoras mayoristas de la ciudad de La Paz y posteriormente lo comercializará en su espacio de venta. Esta forma de trabajo le permite generar recursos para mantener en lo posible a su hogar pues ella es casada y tiene seis hijos.

Cuando se le consulta qué le gusta de Pro Mujer, ella responde que le gusta le gusta las capacitaciones en salud y crédito.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Bolivia

  • $5,500
    Average annual income
  • 228
    View loans »
    Bolivia Loans Fundraising
  • $31,613,325
    Funds lent in using Kiva
  • 6.9
    Bolivia Bolivianos (BOB) = $1 USD

Success!! The loan was 100% repaid

A portion of Flor De Cielo Group's $4,250 loan helped a member to purchase fruits.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
May 21, 2013
Currency Exchange Loss:
Covered
Ended:
Jan 17, 2014